Hanger, Inc. (HNGR) Tops Q4 EPS by 41c, Revenues Beat; Offers FY21 Revenues Outlook

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Hanger Reports Fourth Quarter 2020 Results

March 1, 2021 4:10 PM EST

Provides Financial Guidance for 2021

AUSTIN, Texas--(BUSINESS WIRE)-- Hanger, Inc. (NYSE: HNGR), a leading provider of orthotic and prosthetic (O&P) patient care services and solutions, today announced its financial results for the fourth quarter and year ended December 31, 2020.

Financial Highlights for the Fourth Quarter of 2020

Net revenue was $277.3 million for the three months ended December 31, 2020, compared to $300.9 million for the same period in 2019, reflecting a decrease of 7.8 percent. Net same clinic revenue on a day-adjusted basis declined by 10.6... More